Unfortunately, the increasing popularity and value of cryptocurrencies like Bitcoin also make them profitable targets for cybercriminals, as exemplified by the surge of cryptocurrency-mining malware. This presents opportunities for miners, poolers, and investors alike, given cryptocurrency's increasing adoption among businesses and public organizations. Bitcoin’s price, for instance, has already surpassed the $14,000 mark. NiceHash’s hack comes at the heels of cryptocurrency’s all-time highs in popularity and value. The extent and impact of the incident are yet to be known or fully disclosed, but it means members stand to lose the cryptocurrency they’ve mined or accumulated through NiceHash. NiceHash allows users to buy and sell hashing power needed to mine cryptocurrency, which members can store in external or local BitGo wallets. We are currently investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours.” ![]() “Unfortunately, there has been a security breach involving NiceHash website. NiceHash posted a statement on its website addressing the incident. The losses reportedly amount to nearly 4,700 bitcoins, or US$64 million. ![]() ![]() Slovenia-based cryptocurrency-mining marketplace NiceHash confirmed that its website was breached and payment system compromised, with the contents stored in its Bitcoin wallet stolen.
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